Private capital expenditure in Australia dropped by 0.2 percent quarter-on-quarter in the three months to September 2019, following an upwardly revised 0.6 percent fall in the previous period and compared with market expectations of a 0.1 percent decrease. This was the third straight quarter of decline in private investment, mainly due to a decrease in capital expenditure for equipment, plant and machinery (-3.5 percent vs 2 percent in Q2). On the other hand, spending for building and structure rebounded (2.7 percent vs -3 percent). Through the year to the third quarter, private capital expenditure shrank 1.3 percent.

Private Investment in Australia averaged 1.32 percent from 1987 until 2019, reaching an all time high of 15.70 percent in the second quarter of 1996 and a record low of -8.50 percent in the third quarter of 2015. This page provides - Australia Private Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Australian Bureau of Statistics

Private Investment in Australia is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Investment in Australia to stand at 1.30 in 12 months time. In the long-term, the Australia Private Capital Expenditure is projected to trend around 1.19 percent in 2020, according to our econometric models.


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Australia Private Capital Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.60 15.70 -8.50 1987 - 2019 percent Quarterly
SA

Calendar GMT Actual Previous Consensus TEForecast
2019-02-28 12:30 AM Q4 2% 0% 0.5% 1%
2019-05-30 01:30 AM Q1 -1.7% 1.3% 0.5% 0.2%
2019-08-29 01:30 AM Q2 -0.5% -1.3% 0.5% -0.6%
2019-11-28 12:30 AM Q3 -0.2% -0.6% -0.1% -0.2%
2020-02-27 12:30 AM Q4 -0.2% 0.8%


News Stream
2019-08-29
Australia Q2 Private Capital Expenditure Unexpectedly Falls
Private capital expenditure in Australia dropped by 0.5 percent quarter-on-quarter in the three months to June 2019, following a downwardly revised 1.3 percent fall in the previous period and missing market expectations of a 0.5 percent gain, as capital expenditure for building and structure falling further (-3.3 percent vs -1.9 percent in Q1). Meanwhile, spending for equipment, plant and machinery rebounded (2.5 percent vs -0.5 percent). Through the year to the second quarter, private capital expenditure shrank 1 percent.

2019-05-30
Australia Q1 Private Capital Expenditure Drops Unexpectedly
Private capital expenditure in Australia decreased unexpectedly by 1.7 percent quarter-on-quarter in the three months to March 2019, following a downwardly revised 1.3 percent growth in the previous period and missing market expectations of a 0.5 percent gain. Expenditures fell for both buildings and structures (-2.8 percent vs 2.5 percent in Q4), and equipment, plant and machinery (-0.5 percent vs flat reading). Through the year to the first quarter, private capital expenditure contracted 1.9 percent.

2019-02-28
Australia Q4 Private Capital Expenditure Jumps 2% QoQ
Private capital expenditure in Australia rose 2.0 percent quarter-on-quarter in the December quarter of 2018, following a downwardly revised flat reading in the previous period and above market estimates of a 0.5 percent rise. Growth was mainly explained by a 3.2 percent jump in buildings & structures and a rise of 0.7 percent in equipment, plant & machinery. On an annual basis, private capital expenditure went up 1.9, driven by an increase of 8.1 percent in buildings & structures.


Australia Private Capital Expenditure
Private investment in Australia refers to quarter on quarter change in Private Capital Expenditure. The Capital Expenditure Survey in Australia includes the following industries: Mining, Manufacturing & Other selected industries such as Electricity, Gas, Water and Waste Services, Construction, Wholesale Trade, Retail Trade, Transport, Postal and Warehousing, Information Media and Telecommunications Finance and Rental, Hiring and Real Estate Services Professional, Scientific and Technical Services.

Australia Business Last Previous Highest Lowest Unit
Business Confidence 0.00 2.00 21.00 -30.00 points [+]
Services PMI 48.70 53.70 63.00 32.50 points [+]
Manufacturing PMI 48.30 48.10 62.50 29.47 points [+]
Industrial Production 1.90 1.30 12.60 -7.60 percent [+]
Industrial Production Mom 1.20 0.70 5.20 -7.10 percent [+]
Manufacturing Production -3.10 -1.70 8.60 -11.80 percent [+]
Capacity Utilization 81.07 81.68 84.62 78.24 percent [+]
New Orders 31.00 25.00 49.00 -37.00 points [+]
Changes in Inventories -941.00 -1366.00 4265.00 -3885.00 AUD Million [+]
Bankruptcies 748.00 741.00 1123.00 217.00 Companies [+]
Corporate Profits 97460.00 98235.00 98235.00 12032.00 AUD Million [+]
Total Vehicle Sales 84239.00 84708.00 130300.00 48099.00 [+]
Car Registrations 14330.43 14078.57 14330.43 3990.94 Thousand [+]
Leading Economic Index -0.09 -0.15 0.54 -1.11 percent [+]
Small Business Sentiment 1.21 0.84 18.55 -21.17 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Industrial Sentiment 49.10 49.20 57.20 49.10 points [+]
Private Investment -0.20 -0.60 15.70 -8.50 percent [+]
Mining Production 6.50 3.80 25.20 -16.90 percent [+]
Services Sentiment 48.90 49.80 58.40 48.70 points [+]
Steel Production 448.33 488.24 819.00 238.00 Thousand Tonnes [+]
Corruption Index 77.00 77.00 88.60 77.00 Points [+]
Corruption Rank 12.00 13.00 13.00 7.00 [+]
Competitiveness Index 78.75 78.85 78.85 5.08 Points [+]
Competitiveness Rank 16.00 14.00 22.00 14.00 [+]
Composite Pmi 48.60 49.60 58.30 48.60 points [+]
Business Inventories -0.40 -1.00 2.80 -2.80 percent [+]
Ease of Doing Business 14.00 18.00 18.00 9.00 [+]